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Name | Symbol | Market | Type |
---|---|---|---|
Gol Linhas Aereas Inteligentes SA | NYSE:GOL | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.715 | 0 | 01:00:00 |
EBITDA of R$1.25 billion and margin of 26.8%
SÃO PAULO, Nov. 6, 2023 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. ("GOL" or "Company") (NYSE: GOL and B3: GOLL4), a leading domestic airline in Brazil and part of Abra Group, today announced its consolidated results for the third quarter of 2023 (3Q23). The Company maintains its ongoing focus on increasing productivity with an efficient fleet and disciplined yield management, as well as delivering the best product to the Customers.
All information in this release is presented in Reais (R$), in accordance with international accounting standards (IFRS) and with adjusted metrics, made available to enable comparison of this quarter with the same period of the previous year (3Q22). Adjusted (recurring) indicators exclude non-recurring expenses related to the quarter's results and are detailed in the respective tables.
3Q23 HIGHLIGHTS
CEO COMMENTS
Celso Ferrer, CEO, commented: "Thanks to the outstanding work of our Team of Eagles, our operational reliability continues to strengthen for our Customers, and we delivered record third quarter revenue with a 17.7% operating margin, among the best in the industry. Our strategy to diversify our revenue streams, primarily with Smiles and Gollog, capitalize on growth opportunities and continuously innovate to enhance our products for our Customers demonstrates that we are in the right way and is permitting us to achieve consistent results for 2023."
SUMMARY OF THE THIRD QUARTER 2023 RESULTS (VS. 3Q22)
FULL EARNINGS RELEASE & PRESENTATION
Access the earnings release, presentation and full financial statements at: www.voegol.com.br/ir
3Q23 Conference Call: November 06, 2023, 09:00 am (New York time; US EDT), broadcast via webcast (https://mzgroup.zoom.us/webinar/register/WN_1hIuPVvUQIaMqauWAAdLJA#/registration).
Investor Relations: ir@voegol.com.br, +55(11) 2128-4700
About GOL Linhas Aéreas Inteligentes S.A. (www.voegol.com.br): GOL is a leading domestic airline in Brazil and part of Abra Group. Since it was founded in 2001, the Company has the lowest unit cost in Latin America, thus democratizing air transportation of passengers.
View original content:https://www.prnewswire.com/news-releases/gol-announces-record-revenue-of-r4-7-billion-and-11-2-pp-ebit-margin-increase-to-17-7-in-3q23--301978464.html
SOURCE GOL Linhas Aéreas Inteligentes S.A.
Copyright 2023 PR Newswire
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